Ann: NNG Continuation of Voluntary Suspension, page-5

Exactly! They shouldn’t be making speculative statements before it is even finalised!

The last few trading days was obviously some loose lips information leaked causing the big share price and volume movement.

Also the company is net asset negative, where do they even have cash to takeover other businesses? Unless they are diluting more shares to print out another millions of dollars for the takeover, which wont be a good news for the existing shareholders.

It is just so weird that management admitted and caught red handed that there were announcements not released but causing significant share price movement and more ridiculously to enter two months trading suspension (or more) just to finalise the deal.

What an absolute joke and poor management! Finalise the deal before you even start telling other investors!